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Tsunami Of Store Closings Expected This Year

National chains will consolidate their real estate at an even faster clip in 2017, as mobile shopping continues to eat into the still over-stored retail landscape, analysts say.

“Retailers are bracing for a fresh wave of store closures at the start of the new year. The industry is heading into 2017 with a glut of store space as shopping continues to shift online and foot traffic to malls declines, according to analysts.”

Read More at Business Insider

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